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20121129
20121207
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CSPAN 14
CSPAN2 1
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Search Results 0 to 14 of about 15
CSPAN
Nov 29, 2012 10:00am EST
are our troops dying and yet we just seem to go on and on talking about the fiscal cliff? well, i know that's important. mr. speaker, it is time for congress to realize that we are having young men and women to die in afghanistan for a failed policy that will not change one thing. mr. speaker, before closing, i make reference to this poster of a young american in a casket being carried by his colleagues to be buried. please, american people, put pressure on congress to bring our troops home now and not wait until december, 2014. i ask god to please bless our men and women in uniform, to please bless the loved ones who lost those in iraq and afghanistan. please, god, help get our troops home now and not later. i yield back. the speaker pro tempore: the chair recognizing the gentleman from oregon, mr. blumenauer, for five minutes. mr. blumenauer: mr. speaker, mitt romney weathered a storm of criticism late in the campaign after hurricane sandy for his earlier comments about privatizing fema and turning responsibility back to state and local governments. but during an era of fiscal restra
CSPAN
Dec 3, 2012 5:00pm EST
and the fiscal cliff. everyone talks about taxes and what is going to happen with the fiscal cliff. there has been $1500 gone to increase oil prices. you can get them that tax cut today if you invested in our report. everybody talks about entitlements. high oil prices make the social security trust insolvent five years sooner than they would if he did not have high oil prices. america needs jobs and growth. following the recommendations in our report will lead to both of those. it would be good for american business. >> i will start with senator alexander. tell me about energy policy and where it fits in with the fiscal cliff. what we will spend money on and how we were tightened our belts. >> the major place it fits is the right policy would create an environment which would produce a lot more revenue. that would help to reduce the debt. the federal government doesn't spend much money on energy. energy research is about $6 billion a year. i would like to see it doubled. this report is a blueprint for independence and i think it is the right blueprint. we are not in a position to be held host
CSPAN
Dec 6, 2012 5:00pm EST
different direction from the fiscal cliff and talk more about long-term and medium-term economic realities we face. in your written testimony to this committee, you warned against kicking the can down the road in definitely because of the adverse effect that might have on the economy. the medium and long-term impact it might have. i thought your analysis was definitely something we need to pay attention to. as you observed in the failure to make progress in this area now could signal that we have bigger troubles ahead. thatoody's analytics model you used breaks down about 2028. the reason it does that because at that point, the interest on our national debt will start to cripple our economy. we will be left without much recourse. i'm not sure there is a tax increase on the planet that could suddenly fix that. i'm not sure we could print money fast enough. if we did, we would go the way of argentina. i tend to think of this medium and long term risk as the fiscal avalanche. the cliff is something we are approaching now and we can see where is this. we know will hit the cliff. the avalanche
CSPAN
Dec 4, 2012 10:00am EST
the real problems, the fiscal cliff, and the other group is talking about the real problem, the debt and deficit. what is the real issue? we have $16.3 trillion in debt as a nation. $1 trillion of overspending or each year for the last four years. let me set the example of what this really means. in 2007, our tax revenue, how much we were bringing in the treasury, is almost exactly what it is in 2012. from 2007 to 2012, the revenue is almost identical. the difference is our spending has gone up $1 trillion a year. from 2007 to 2012. so over the course of that time it's slowly built up. but each year we've been over $1 trillion in spending. while our revenue has stayed consistent basically from 2007 to 2012, that spending has happened. we seemed to identify that is the real problem, we're overspending, and until you deal with that issue you can't raise taxes enough to be able to keep up with the $1 trillion of accelerated spending. what's the cliff? i have so many people from my district and other people, who catch me and pull me aside. we hear about the fiscal cliff. we are not even
CSPAN
Dec 4, 2012 5:00pm EST
a successful outcome not just for these fiscal cliff talks but also to this longer term issue of debt and deficit and economic growth. i was asked today to focus a little bit on what might be possible in terms of tax reform . i know tax reform and health care reform are the two topics we're discussing this morning. again, i look forward to hearing from gene and also this distinguished panel behind us. with regard to the tax and health care reform issues, i'll make a simple point which is that if we go through this fiscal cliff discussion and do not take advantage of that opportunity to put in place reforms to the entitlement programs, which are incredibly important, but also unsustainable, and if we do not take advantage of it to look at our tax system which is antiquated and outdated, inefficient, we will have squandered the opportunity to really address the longer term problem. we'll be right back on the cliff again. so, first fiscal cliff is approaching, we have to address it. if we do not we'll see about $500 billion in tax increases, we'll see huge across the board d arbitrary cu
CSPAN
Dec 5, 2012 5:00pm EST
to this extraordinary country that we inherited. that being said, before we talk about fiscal cliff, we are here because of the last fiscal cliff. since we had another fiscal cliff-type scenario that created the scenario and ridiculous idea that i voted against, put a bunch of things bad to happen at one time. surprise, it didn't work and we are facing this. there are two issues number one, avoid doing damage and avoid doing harm. and we need to look for a way to accomplish that in the short-term. and we have to, we have to have a conversation about getting the fiscal house in order. i heard bob talking about that. it is true. we spend $1 trillion more than we take in. it's a fact and we have to address it. i approach this issue with the following belief. the only way to get it in order is through rapid economic growth. no taxes you can raise to bring the debt down. what the president is offering is not enough but will make a dent on job creation, particularly middle-class job creation. i oppose his plan. we should do real tax reform. if there are loopholes, there is a loophole for being able to write o
CSPAN
Dec 4, 2012 1:00pm EST
, what's known as the fiscal cliff. and they're talking about the economy as well with the senate majority leader, harry reid, and house speaker, john boehner. this after a 90-minute meeting with president obama at the white house this morning where they called for a quick resolution. the governors spoke to reporters at the white house for 15 minutes after that meeting and we'll show you as much as we can until the house gavels in in just a few minutes. >> well, goorn, everybody. i'm jack, the chair of the national governors association, the governor of delaware, joined by governor fallen of oklahoma, she's the vice chair -- governor fallin of oklahoma, she's the vice chair. the governor of arkansas. we are three democrats and three republicans. we just had what i would say was a very good meeting with the president. we came in part to make sure that the voices and the issues that we face as governors in states are heard and considered as part of the discussions going on here in washington. the president was very open to that. said we would continue to have a seat at the table. we
CSPAN
Dec 6, 2012 10:00am EST
're talking about fiscal cliff and tax issues. caller: thanks for taking my call. and i just think that the government is so corrupt and all in different departments, there's so much fraud going on, like the medicare program, the doctors and the insurance companies have brought the department so bad. they need some cleanup crew, cleanup people to check all the fraud that's going on. i watched american greed on tv and some people ought to watch. that i just watched it the other night, about the skin doctor that was cutting elderly people, special people that's on medicare, and he was -- so many doctors, when that first was passed when president johnson signed the bill into law, it was miss managed once the doctors didn't want it at first. they voted against it and the republican senators, i remember clearly. i -- i'm 85 years old. and i've paid taxes since i've been 15 years old. i've paid into the -- host: social security, medicare. caller: social security, i've paid into that all through my life. host: we appreciate you're watching, we appreciate you're calling. in any comment fir
CSPAN
Nov 30, 2012 9:00am EST
about the tax component of this fiscal cliff and it absolutely is a tax component. we talk about taxes as it relates to small businesses and creating jobs. we talk about taxes as it relates to individual families and being able to make ends meet. but what this chart shows, mr. speaker, is spending and tax revenue of the federal government of the united states of america from 1947 out to 2077. and you can't see the intory indicate detail here, mr. speaker, but what you can see here from far, far away is this green line that represents tax revenue is a relatively flat and constant line. as a general rule it doesn't matter whether tax rate were the 90% marginal rates, the 70% marginal rates that they were when john f. kennedy was president and he cut taxes or whether they were 28 marginal rate during the reagan years. mr. speaker, it turns out -- and this is of no surprise to you -- turns out the american people are pretty smart. and if you raise taxes on this behavior, they switch to this behavior. and if you raise taxes on that behavior, they switch to this behavior. because at the end
CSPAN
Nov 29, 2012 1:00pm EST
are willing to advocate for what is right. i want to talk about that today. i want to -- fiscal cliff, the last time i use that term, because it's not that, but there are serious fiscal issues we should address. i want to talk about a few things we should not be discussing and don't need to talk about and one is social security. social security does not contribute to the deficit. it's not expiring. there's no reason we have to deal with social security right now. it is one of those things that some people who never liked social security, by the way, called it socialism even, want a change and has been wanting to change for decades, so they create this imagery of crisis coming at the end of the year, then what they are trying to do is say, well, we got to change social security because of the so-called fiscal cliff, although it's not really a cliff. so this is something that really shouldn't be on the table. i want to encourage folks to really discuss and get the facts, mr. speaker, because social security is solvent through 2037. doesn't need to be fixed -- does it need to be fixed? y
CSPAN
Dec 3, 2012 2:55pm EST
and the white house. house republican leaders have made a counter offer to president obama in the fiscal cliff negotiations proposing to cut to true knowledge with a combination of spending cuts come entitlement reform, and new tax revenues. there was a three page letter signed by speaker boehner, majority leader eric cantor, and other senior republicans including representative paul ryan. and this mornings "washington journal," we heard about tax reductions and credits that would go away if the fiscal cliff passes in january. >> board or series looking into the so-called fiscal cliff, we turn our attention to deductions and tax loopholes. some of them are potentially on the chopping block. joining us from the wall street journal is don mckinnon. thanks so much for joining us today. what are the loopholes and deductions? we hear those words a lot, but what are they? guest: loopholes or tax breaks of all different sorts, and whether you like a particular loophole or not depends on where you sit, i guess. there are lots of loopholes that are deductions. deductions are those that most people are
CSPAN
Dec 5, 2012 10:00am EST
leadership on the democratic side. we are talking about the so-called fiscal cliff. of course our cameras have been covering all of the events here in washington as both sides try to negotiate their argument with the public. if you go to our website, c-span.org, we have a special website setaside, webpage, c-span.org/fiscalcliff. or tweet us your thoughts using the #fiscal cliff. go ahead, payton. caller: thank you. i'm one of the original owners and i live in one of the poorest areas of the country which is one of the most highly republican areas of the country. i always intended if the republicans -- host: we are losing you, there. caller: somebody else is speaking. what i want to tell you is this cost of living is shameful way to protect the rich. host: we'll leave it there, payton. guest: he's got -- i can't add much to that. you're right. the previous caller who had talked making $14,000, he and his wife, their total income was $14,000 year on sfments he's not throwing -- on social security. he's not throwing money around. you start limiting the cost of living, the increases to keep
CSPAN
Nov 29, 2012 5:00pm EST
and that of money. >> you can talk with oklahoma senator tom coburn about the fiscal cliff, affordable care act, and the future of the republican party on book tv. the senator has written several books including his latest "the debt bomb." join our conversation with your calls, e-mails, tweets, and comments with medical doctor and senator tom coburn. live sunday on c-span 2. >> he worked his way up into harvard law school and then at the urging of his brother in the great western illinois -- immigrated west to illinois, where the lead mining industry was in its heyday. he arrived by stagecoach and train and arrived on steamboat in this muddy mining town. he boarded himself in a log cabin, established a law practice in the log cabin, and slowly worked his way up and became a very successful lawyer. he then got involved politically, ran for congress, serve for eight terms, and then befriended abraham lincoln, obviously from illinois. then ulysses s. grant. as they were on the rise, washburn stayed with them in a close colleague during the civil war. after grant was elected president, he initially
CSPAN
Nov 30, 2012 7:00pm EST
is nothing focuses like a fiscal cliff. there's fiscal cliff clocks. we are counting the hours after negotiate. everybody knows about the fiscal cliff. your kids probably know about the fiscal cliff. this is a new moment, which is filled with guys, but that it is also an opportunity, which is if we can't do it now or this member of congress new changes have to be made in may for the ness partner with these changes need to be, but something forces them to do it, and this is the best move that we've had. let's hope we don't go through these political values for they fight it out and we are almost frustrated because they can't cover and the headline the next day after wachovia put together since the u.s. still faces a huge fiscal problem. what we really want to do is put in place a plan big enough to fix the problem and that's going to be what's going to have the upside of the certainty of stability around the corner and importantly finally showing to all of us that this country can govern itself. the whole world is watching right now i'm rooting for us. people want the united states to
CSPAN
Dec 5, 2012 1:00pm EST
spending in washington and finally address the problem. >> as we continue to try to solve the fiscal cliff, the thing week of always continued to look at is our economy. wanting it to continue to grow. today in the whip's office we'll have small family-owned businesses in there talking about ways that we can protect the family business, continue to grow, while at the same time make sure we solve this fiscal cliff. look, each and every day, as we walk the halls, you continue to ask questions. you want the answers solving the fiscal cliff. we put an answer on the table. the president now has to engage. i think the next 72 hours are critical. if he sits back and continues to play politics, that will give you an answer of where we're going. this is an opportunity for this country to lead. this is an opportunity for the president to lead. >> at these fiscal cliff negotiations and debate continues, i think it's important to remember that washington doesn't have a revenue problem. it has a spending problem. and under this administration, under president obama, we have seen record deficits and a r
Search Results 0 to 14 of about 15